Norman Youth Foundation Inc
- Assets
- $25.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Norman, OK
- Founding
- 03/1998
- Data as of
- 12/2021
- EIN
- 73-1525794
Organization Overview
Norman Youth Foundation Inc is located in Norman, OK. The organization was established in 1998. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Norman Youth Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Norman Youth Foundation Inc generated $30.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $6.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (21.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Norman Youth Foundation Inc has awarded 18 individual grants totaling $308,480. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE NORMAN YOUTH FOUNDATION WAS FORMED TO BENEFIT THE WELFARE OF CHILDREN THROUGH ADVANCEMENT OF EDUCATION, LESSENING OF NEIGHBOARHOOD TENSIONS, AND COMBATING COMMUNITY DETERIORATION AND JUVENILE DELINQUENCY IN AND AROUND THE CITY OF NORMAN, OKLAHOMA. THE FOUNDATION ACCOMPLISHES THIS GOAL BY AWARDING GRANTS TO OTHER ORGANIZATIONS ENGAGED IN PROVIDING THESE SERVICES. DURING 2021, 10 ORGANIZATIONS RECEIVED GRANTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hal Smith President | 0.1 | $0 | |
Sandy Smith Director | 0.1 | $0 | |
Tracy Smith Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,750 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $49 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$28,097 |
| Other Revenue | $65 |
| Total Revenue | $30,767 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $276 |
| Total expenses | $6,626 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,778 |
| Other assets | $0 |
| Total assets | $25,778 |
| Total liabilities | $0 |
| Net assets or fund balances | $25,778 |
Grants Awarded
Over the last fiscal year, Norman Youth Foundation Inc has awarded $58,400 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
TERRA VERDE DISCOVERY SCHOOL PURPOSE: GENERAL OPERATING EXPENSES | $23,000 |
LOVEWORKS LEADERSHIP INC PURPOSE: GENERAL OPERATING EXPENSES | $20,400 |
TOBY KEITH FOUNDATION PURPOSE: GENERAL OPERATING EXPENSES | $7,500 |
CHILDREN'S HOSPITAL FOUNDATION PURPOSE: GENERAL OPERATING EXPENSES | $7,500 |